City Council's adoption of the Parking Matters plan earlier this year included development of remote parking catering to workers in the downtown area. City staff have begun negotiating lease agreements for use of existing and underutilized private parking lots on the edges of downtown. This proposed lease agreement is the first of several expected to be brought to City Council in the next several months. 

The proposed lease is for 24 parking spaces from 9 West Henry Street Owner, LLC, located at the intersection of Whitaker Street and Henry Street.  The terms of the lease will be for a period of one year, August 1, 2017 to July 31, 2017, for $800.00 per month.

The City is developing a new downtown circulator route that will bring CAT shuttles within two blocks of this remote parking lot. 

Risk Management has reviewed the lease agreement, self-insurance letter attached.  The City Attorney office has reviewed the lease agreement as to legal form/sufficiently.

Approval